SINGAPORE, Dec. 10, 2014 /PRNewswire/ -- China
Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the
"Company") announced today that trucks equipped with its YC6K12
diesel and YC6K13N liquid natural gas ("LNG") engines won first
place in their respective categories at the Seventh China
International Truck Fuel Economy Competition held in Beijing.
The competition was hosted by China Automotive News, the China
Automobile Technology and Research Center and China Dingyuan
Automobile Testing Center.
The YC6K12 diesel and YC6K13N engines are produced by Y&C
Engine Co., Ltd. ("Y&C"). Y&C is a joint venture of China
Yuchai's main operating subsidiary, Guangxi Yuchai Machinery
Company Limited with Shenzhen City Jiusi Investment Management Co.,
Ltd. and Jirui United Heavy Industry Co., Ltd, a company jointly
established by China International Marine Containers Group Ltd. and
Chery Automobile Co., Ltd.
The YC6K13N engine has the highest torque power among
similar-sized gas engines. By utilizing lean-burn technology, it
reduces average energy consumption by 25% compared with a diesel
engine of comparable size and power. This 13-liter engine uses
0.8kg/ton of fuel per 100 kilometers. It is compliant with Euro V
emission standards.
The YC6K12 diesel engine was independently developed by Y&C
to meet advanced world standards in areas such as fuel consumption
and weight. It applies high reliability technology enhancing the
engine's dependability and utilizes innovative technologies such as
more accurate combustion and electronic control as well as
high-strength materials and a high-efficiency engine cooling system
which substantially extends the engine's useful life. This is an
advanced 12-liter engine compliant with Euro V and VI emission
standards.
Mr. Weng Ming Hoh, President of
China Yuchai, commented, "These awards are an endorsement to the
effectiveness of our research and development ("R&D") program
to create market-leading engines to maintain our leadership in the
world's largest automotive market. Over the last two years, we have
launched 20 new engines including a suite of natural gas and high
horsepower engines. We continue to invest in R&D to continually
introduce new and improved engines which will position us to
increase our share across the different market segments."
About China Yuchai International
China Yuchai International Limited, through its subsidiary,
Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the
manufacture, assembly, and sale of a wide variety of light-,
medium- and heavy-duty engines for trucks, buses, passenger
vehicles, construction equipment, marine and agriculture
applications in China. GYMCL also
produces diesel power generators. The engines produced by GYMCL
range from diesel to natural gas and hybrid engines. Through its
regional sales offices and authorized customer service centers, the
Company distributes its engines directly to auto OEMs and retailers
and provides maintenance and retrofitting services throughout
China. Founded in 1951, GYMCL has
established a reputable brand name, strong research and development
team and significant market share in China with high-quality products and reliable
after-sales support. In 2013, GYMCL sold 500,756 engines and is
recognized as a leading manufacturer and distributor of engines in
China. For more information,
please visit http://www.cyilimited.com
Safe Harbor Statement
This news release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. The words "believe", "expect", "anticipate", "project",
"target", "optimistic", "intend", "aim", "will" or similar
expressions are intended to identify forward-looking statements.
All statements other than statements of historical fact are
statements that may be deemed forward-looking statements. These
forward-looking statements are based on current expectations or
beliefs, including, but not limited to, statements concerning the
Company's operations, financial performance and condition. The
Company cautions that these statements by their nature involve
risks and uncertainties, and actual results may differ materially
depending on a variety of important factors, including those
discussed in the Company's reports filed with the Securities and
Exchange Commission from time to time. The Company specifically
disclaims any obligation to maintain or update the forward-looking
information, whether of the nature contained in this release or
otherwise, in the future.
For more information, please contact:
Kevin Theiss / Dixon Chen
Grayling
Tel: +1-646-284-9409
Email: cyd@grayling.com
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SOURCE China Yuchai International Limited